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How To Get Hassle Free Claim Settlement From Your Car Insurance Policy?

Owning a car is actually a matter of pride for a lot of middle-class families here in India. This is a priceless possession for a lot of people and most of them want to make the extra effort in doing research around the perfect car, the perfect color etc and also making that last mile effort to get an extra deal from the dealer before finally buying the car. Though this seems to be traits of an intelligent customer but a lot of these same group of people don’t want to make that extra effort while buying car insurance from the same car. The reason behind this negligence is that,they either underestimate the risk involved in driving an uninsured car and the financial loss that might happen when one needs to pay for damages post accident out his/her own pocket. Under evaluation of risk and reward associated with buying car insurance policy and the ignorance associated  with it can be eradicated but a lot people actually don’t buy a car insurance plan because they find the raising a claim with insurance company is not easy so why to pay for insurance.

As per regulatory guidelines , one needs to buy a car insurance policy if he/she wants to drive his/her car on Indian roads, the minimum guideline is to at least buy a third party cover. One needs to understand that in a country where 14-16 people die every hour due to road accident , think the number of car accidents happening and the incidental damages. Bearing the total damage out one’s personal pocket can sometimes leads to eating away a lot of one’s savings and which in turn can disrupt their financial well being. Just giving all credit to the claim process don’t serve the purpose.

Here is the list of common do’s and don’ts which one should remember while raising a car insurance claim with their insurance providers to avoid rejection of the total claim or part of the same

Common do’s :

  1. As soon as the accident happens find the nearest police station and get a FIR or First Information report registered with them as this is the first level which your insurer which check to identify the validity of your claim.
  2. Post the FIR is register, even before taking to the nearest garage or something raise a ticket with your insurer. In today’s world most of the car insurance providers have 24* 7 call centre to help you in this matter. Check whether there is an option in your policy regarding 24*7 road assistance in that case calling the insurer can become more helpful.
  3. Nowadays camera is available with everybody’s Smartphone so make the best use of the same.It is always advised to take a photo of all the damages that has happened during the accident and furnish the same while the making the claim. This  not only the help insurer but also you in judging the right amount of financial loss the accidental event has caused. (better steps to make a car insurance claim procedure)
  4. Another important thing if the accident has caused some damage to a third party or to an asset related to them, always try to take image of proof of the same . In case the other person also have a car insurance in place don’t be fearful about asking for a copy of the same. In this case it becomes very useful for your insurer to even settle the third party claim easily.

Common don’t:

  1. Don’t run away from the spot of accident and be fearless about filling a FIR with the police and informing your insurer. Generally most insurer give a tat of 24 to 48 hrs with which the damage has to be reported.
  2. Don’t lose any evidence that is available to justify your claims. You can always take contact numbers and names of the people who were present on roads at the time of an event.
  3. Avoid nondisclosure of any fact from the insurer. At any point of time, the insurers find that might consider the same as a fraudulent practice and reject the claim then and there

We feel that the above-listed dos and don’ts are not very tough to follow to get a hassle free claim settlement rather than ignoring and showing laziness in buying a policy.